IFM Investors has broadened its global footprint by opening an office in Hong Kong, with IFM Investors (HK) Limited recently being granted a licence from the Securities and Futures Commission of Hong Kong.
IFM Investors Chief Executive Brett Himbury believes that an office in Hong Kong will allow the firm to increasingly meet the global appetite of institutional investors and broaden the firm’s global presence.
“Our investors are increasingly seeking opportunities in Asia and an office in Hong Kong will allow us to continue to globalise our investment capabilities. We will work closely with regulators and professional investors in Hong Kong to meet regulatory requirements and investor needs.”
This is a significant development for IFM Investors, as its Active Equities Team has recently launched three strategies, including an Asia-Pacific Market Neutral capability. This capability can invest in Hong Kong as well as Australia, Korea, Taiwan and Singapore.
IFM Investors now has offices in Melbourne, Sydney, New York, London, Berlin, Tokyo and Hong Kong, with more than 40% of the firm’s investment professionals based outside Australia.